Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Managers have many choices when it comes to accounting for inventory. Regardless of whether your small business uses a periodic or perpetual system, you must establish a method to determine the cost ...

Inventory is money -- it's either your money or someone else's money you borrowed. To ignore this simple fact is to tempt the invisible hand of business. Disciplined inventory controls keep costs low, ...

Inventory (483): A stock or store of goods. Inventory turnover (486): Ratio of average cost of goods sold to average inventory investment. Periodic system (486): Physical count of items in inventory ...